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4172.0 - Arts and Culture in Australia: A Statistical Overview, 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 18/06/2007  Reissue
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FINANCIAL DATA

The Book Publishers Survey was conducted for both the 2002-03 and 2003-04 reference years. The value of operating profit before tax increased by 75% over this period, from $86.9m in 2002-03 to $152.1m in 2003-04. This led to an increase in profit margin from 5.5% to 9.7%.

11.2 Book publishers(a), Income and expense items - 2002-03 and 2003-04

2002-03
2003-04
$m
$m

Income
Sale of books
Australian titles
877.4
811.9
Imported titles
490.4
541.3
Total
1 367.9
1 353.2
Sales of other good's
73.8
68.6
Other sources of income
126.0
138.9
Total income
1 567.7
1 560.6
Expenses
Wages and salaries
247.9
266.1
Royalties and fees paid
102.0
90.6
Other expenses
1 127.1
1 047.8
Total expenses
1 476.9
1 404.4
Operating profit before tax
86.9
152.1

(a) 'Book publishers' includes only businesses for which the predominant activity is book publishing. The largest 20 book publishers is ranked in terms of total income. 'Other major contributors' includes only the book publishing employment of businesses for which the predominant activity is not book publishing, but book publishing income is $2m or more. Employment includes working proprietors.
ABS, Book Publishers, 2003-04 (cat. no. 1363.0)


Comparative financial data for the period 2001-02 to 2003-04 is available from the Book Retailers Survey. Bookshops recorded growth in terms of sales over this period, although the operating profit before tax declined, with the profit margin declining from 3.6% in 2001-02 to 1.3% in 2003-04.

11.3 Bookshops(a), Summary of operations - 2001-02 to 2003-04

2001-02
2002-03
2003-04
$m
$m
$m

Income
Retail sales of new books(b)
957.4
941.7
1 103.3
Other retail sales
104.6
92.1
131.2
Other income
33.4
26.0
62.5
Total income
1 095.4
1 059.7
1 297.0
Expenses
Purchase of new books
604.6
587.3
678.4
Wages and salaries
149.0
145.9
180.3
Other
322.9
311.9
428.9
Total expenses
1 076.4
1 045.2
1 287.6
Operating profit before tax
39.0
19.7
16.6

(a) Includes only those businesses which are classified according to the ANZSIC as Newspaper, book and stationery retailing and for which the value of new book sales comprises at least 50% of all retail sales.
(b) Includes electronic and audio books.
ABS, Book Retailers, Australia, 2003-04 (cat. no. 1371.0)


The ABS Cultural Funding by Government collection reported that the Australian, state and territory governments contributed a total of $32m towards Literature and print media in 2004-05, which was the same as the previous year and an increase of 9% from the 2002-03 financial year.

11.4 Cultural funding by government, Literature and print media - 2002-03 to 2004-05

2002-03
2003-04
2004-05
$m
$m
$m

Australian Government
25.4
27.9
27.6
State and Territory Government
4.4
4.5
4.7
Total
29.8
32.4
32.4

ABS, Cultural Funding by Government, Australia, 2004-05 (cat. no. 4183.0)


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